I believe the one area where citizens have a legitimate gripe about city leadership and the price of downtown housing involves -- suprise! -- OCURA.

They have consistently selected expensive, exclusive developments for their city-owned property when more affordable (and most would say desirable) developments were proposed.

Overholser Green is the latest example but The Hill is also notable in this regard. In each case, there were respected developers proposing far more affordable housing units yet OCURA chose the developments that catered to the rich.

But besides that, we have little choice but to let market forces work themselves out. Sure, there has been tax-payer money poured into downtown but unless you want to start regulating office rental and hotel rates and restaurant and entertainment prices too (these segments have also directly benefited), you just have to stand back now and let developers and buyers do their thing.

My personal opinion is that the high-end is probably already saturated and that you'll start to see more developments that cater to a wider audience. However, I think the more affordable units are going to be smaller and per square foot prices are going to stay pretty high.